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Fine Arts Schools in the US
IBISWorld, July 2011, Pages: 33
Back to school: Despite limited government funds, the industry will return to growth
Fine Arts Schools in the US
Funding the arts
During the recession, reduced consumer incomes and business sentiment hurt enrollment and revenue at fine art schools. Althought these conditions will improve with the recovering economy, limited government funding will restrain revenue growth for this industry. In response, schools will increasingly tapping into corporate and philanthropic funding and orchestrating marketing campaigns befitting the industry's fine reputation.
This industry includes establishments that offer instruction in the subjects primarily concerned with the processes and products of human creativity and social life, including art (except commercial and graphic arts), dance, drama, music and photography (except commercial photography). The industry does not include programs that offer academic degrees, even if they specialize in fine arts.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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